Bond Bulls Should Boost Moody's

The bond market is going gangbusters -- and that's good news for bond-rating agency Moody's.

THE BEAR MARKET in stocks and fear of war in Iraq have sent investors scurrying for the safety of Treasuries and other bonds. On Tuesday, the yield on the ten-year Treasury note briefly touched 3.5%, a rate not seen since Dwight D. Eisenhower occupied the White House.